Winter Real Estate Predictions

Spring-4

At the moment there are 137 single family homes available on the market in South Lake Tahoe.  Over the past several seasons we have seen an increase in sales prices and a reduction of days on the market during January, February and March.  The wild card for this season is the newly enacted Vacation Rental Ordinance that essentially puts a moratorium on vacation rentals within the city limits.  The enforcement is in full swing, with 7 one thousand dollar fines issued in the first day alone.  Will this ordinance slow the growth in our market?  Or will prices remain steady with homes sitting on the market for just a little longer while the right buyer comes along?  Or, I think the most likely scenario, will this year look a lot like last?

martin 1125 hotw

Home of The Week

It must be Friday!  Realtor tour was yesterday and the resounding vote for the home that represented the best value on tour was 1125 Martin Avenue.  This home show cases smart design and has been  fully remodeled in 2015. Meticulously maintained since the work was finished and has a great floor plan.  The 2015 upgrades include: new insulation, energy efficient lighting, low-e windows, and gas fireplace with custom mantle, hearth and surround. The exterior features a new composition roof, new paint and all new doors. Interior upgrades: new flooring and carfpet, drywall, doors, and trim. The chef will appreciate the kitchen with maple glazed cabinets, slab granite counters, stainless appliances, and a stackable washer/dryer. The bathroom boast travertine tile, new plumbing fixtures and vanity. Two slider doors invite nature and daylight in. The fenced back yard and deck offers a great place to relax and entertain. Truly a must see.  Click the link for all the photos, or give me a call to see this one in person 530-307-0604  Because everyone should love where they live.